China bans fundraising through ICOs China has banned and made illegal the practice of raising funds through digital token based initial coin offerings (ICO). The rise of cryptocurrencies has led to $2.2 billion having been raised through ICOs this year alone. Chinese regulators have described initial coin offerings as “a form of unapproved illegal public financing” [...]

China Unicom to Raise $11.7 Billion from Private Firms China Unicom is said to be raising $11.7 billion from investors including the likes of Tencent and Alibaba. China Unicom will be the first of the state-run telecom entities to receive private capital and mixed ownership. China Mobile is still the world's largest mobile phone operator in [...]

Chinese Companies Hold 46% Mobile Phone Market In India According to Counterpoint Research, Chinese companies were listed as four of the top five smartphone brands in India as of 2016. Vivo, Xiaomi, Lenovo and Oppo (which is now leading the way in China) were the four brands eating up India's market share. Samsung led the way, [...]

NetEase Challenges Tencent's Stronghold On Mobile Publishing According to App Annie, NetEase has now replaced Tencent as the top mobile publisher by revenue worldwide as the company's apps continue to grow in China. "The big reason here for NetEase's surge is that it has the top two most lucrative games worldwide with the card-battling Onmyoji game [...]

Blizzard & NetEase Renew Their Partnership Blizzard and NetEase will be entering their ninth year of partnering together to bring Blizzard's popular games to Chinese audiences. These games include World of Warcraft, StarCraft II, Diablo III, Hearthstone, Heroes of the Storm, and Overwatch. The9, the operator who previously held the contract with Blizzard to bring their [...]

Pokemon Go Unavailable in China Niko Partners' analyst Daniel Ahmad was quoted this week by Business Insider on how Pokemon Go has still not entered China. "'Pokémon Go' relies on Google Services for the game to run correctly," Daniel told Business Insider in an email exchange. "The game itself uses Google Maps as the game world [...]

Rio's 2016 Olympics Come to a Close The 2016 Olympics in Rio have now concluded and viewers are already looking forward to the next summer Olympics in Tokyo. One of the most interesting things to note was in Japan's two-minute teaser at the end of Rio that featured Pac-Man as well as the Prime Minster of [...]

NetEase's New VR Title NetEase announced the title of its new mobile game - Ming Yun Qi Yuan (Origin of Destiny), which is going to be shown this week at the Game Developers Conference (GDC) in San Francisco. This is the first future-themed MMORPG from NetEase and it supports VR, something we are seeing a lot [...]

China Leads eSports Prize Winners Gamelook reported that in 2015 China has maintained the top position in terms of professional eSports gamers' total income, with the prize amount totaling $14.08 million. In 2014 China's professional eSports gamers' income surpassed South Korea and became the highest in the world. According to iResearch, the number of eSports participants [...]

Virtual Reality in 2016 Gamelook reported that roughly RMB 1 billion ($153 million) has been invested in 29 Chinese virtual reality companies so far, and the article lists the 29 companies. Virtual reality is on trend this year for gaming and other uses, and Chinese companies are entering the global competition. NetEase's Pipeline of Games NetEase [...]